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2022
Flag → Flag
Exports $9.79kRnk 74 / 112
2022
Flag → Flag
Top Product $7.96kAudio Alarms
2022
Flag → Flag
Exports $1.08MRnk 90 / 158
2022
Flag → Flag
Top Product $816kPoultry Meat
2022
Flag
Economic Complexity (ECI) ECI -0.34Rnk 81 / 133
2022
Flag  
GDP$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
 GDP$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC $31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH12.1%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH9.46%CURRENT US$
Rnk 120 / 186

About

Bahamas-Paraguay Trade: In 2022, Bahamas exported $9.79k to Paraguay. The main products that Bahamas exported to Paraguay were Audio Alarms ($7.96k), Broadcasting Equipment ($1.56k), and Plastic Lids ($240). Over the past 7 years the exports of Bahamas to Paraguay have decreased at an annualized rate of 44.2%, from $584k in 2015 to $9.79k in 2022.

In 2022, Bahamas did not export any services to Paraguay.

Paraguay-Bahamas Trade: In 2022, Paraguay exported $1.08M to Bahamas. The main products that Paraguay exported to Bahamas were Poultry Meat ($816k), Frozen Bovine Meat ($144k), and Edible Offal ($120k). Over the past 7 years the exports of Paraguay to Bahamas have increased at an annualized rate of 320%,  from $824 in 2015 to $1.08M in 2022.

In 2022, Paraguay did not export any services to Bahamas.

Comparison In 2022,  Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $9.79k to Paraguay. The main products exported from Bahamas to Paraguay were Audio Alarms ($7.96k), Broadcasting Equipment ($1.56k), and Plastic Lids ($240). During the last 7 years the exports of Bahamas to Paraguay have decreased at an annualized rate of 44.2%, from $584k in 2015 to $9.79k in 2022.

In 2017, Paraguay exported $1.08M to Bahamas. The main products exported from Paraguay to Bahamas were Poultry Meat ($816k), Frozen Bovine Meat ($144k), and Edible Offal ($120k). During the last 5 years the exports of Paraguay to Bahamas have increased at an annualized rate of 320%, from $824 in 2022 to $1.08M in 2017.

Exports from Bahamas (Flag) to Paraguay (Flag) (2022)

Exports from Paraguay (Flag) to Bahamas (Flag) (2022)

Latest Data

Trade between Bahamas (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.4B
Paraguay
Top DestinationBrazil$3.67B

This map shows whether countries import more from Bahamas or Paraguay. Each country is colored based on the difference in imports they receive from Bahamas and Paraguay or the difference in the growth in imports.

In 2022, countries that imported more from Bahamas than Paraguay included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

In 2022, countries that imported more from Paraguay than Bahamas included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

Difference in imports from Paraguay (Flag) and Bahamas (Flag) (2022)

Comparative Advantage Bahamas - Paraguay

Flow
Scale

This chart compares trade between Bahamas and Paraguay by product, considering products traded by both, Bahamas and Paraguay.

During 2022, Bahamas had a large net trade with Paraguay in the exports of Machines ($9.54k), Plastics and Rubbers ($240), and Miscellaneous ($12).

During 2017, Paraguay had a large net trade with Bahamas in the exports of Animal Products ($1.08M), Foodstuffs ($873), and Machines ($829).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bahamas and Paraguay. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Paraguay. Similarly, a dot/product with the flag of Paraguay indicates it has a comparative advantage over Bahamas.

Product Space of Bahamas (Flag) and Paraguay (Flag) (2022)

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